1) Lebron Co. owns most but not all of the shares of its subsidiary Bryant Inc. ebron reported net income of $124,700. The amount to be attributed to the noncontrolling intert in Bryant is $30,000. Indicate how Lebron will report the noncontrolling interest in its income statement.

2) During 2014 Liselotte Company earned income of 1,500,000 before income taxes and realized a gain of $450,000, on a government-forced condemnation sale of a division plant facility. The income is subject to income taxation at a rate of 34%. The gain on the sale of the plant is taxed at 30%. Proper accounting suggests that the unusual gin be reported as an extraoirdinary item. Illustrate an appropriate presentation of these items in the income statement.